Introduction To Modern Bayesian Econometrics

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Introduction to Modern Bayesian Econometrics
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Pages: 401
Authors: Tony Lancaster
Categories: Business & Economics
Type: BOOK - Published: 2004-06-28 - Publisher: Wiley-Blackwell

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Almost two hundred and forty years ago, an English clergyman named Thomas Bayes developed a method to calculate the chances of uncertain events. While his metho
Introduction to Modern Bayesian Econometrics
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Pages: 416
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Type: BOOK - Published: 2004-06-18 - Publisher: Wiley-Blackwell

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In this new and expanding area, Tony Lancaster’s text is the first comprehensive introduction to the Bayesian way of doing applied economics. Uses clear expla
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This textbook explains the basic ideas of subjective probability and shows how subjective probabilities must obey the usual rules of probability to ensure coher
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Tools to improve decision making in an imperfect world This publication provides readers with a thorough understanding of Bayesian analysis that is grounded in
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Type: BOOK - Published: 2019-08-15 - Publisher: Cambridge University Press

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Illustrates Bayesian theory and application through a series of exercises in question and answer format.